Thunder Energies Corp. Just Filed Its Quarterly Report: Loss per Share   The...

Loss per Share



 



The computation of loss per share included in
the Condensed Consolidated Statements of Operations, represents the net profit (loss) per share that is reported per ASC 260, “Earnings
Per Share” for all periods presented.



 



Diluted earnings (loss) per share are computed
on the basis of the weighted average number of common shares (including common stock subject to redemption) plus dilutive potential common
shares outstanding for the reporting period. In periods where losses are reported, the weighted-average number of common stock outstanding
excludes common stock equivalents, because their inclusion would be anti-dilutive.



 



The following potentially dilutive securities
were excluded from the calculation of diluted net loss per share because the effects were anti-dilutive based on the application of the
treasury stock method and because the Company incurred net losses during the period: 




























          
   June 30, 2022   December 31, 2021 
Series A convertible preferred stock   500,000,000    500,000,000 
Series B convertible preferred stock   5,000,000    5,000,000 
Series C convertible preferred stock   10,000    10,000 
Total potentially dilutive shares   505,010,000    505,010,000 


 



The above information was disclosed in a filing to the SEC. To see the filing, click here.

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